This property looks like a bad Airbnb investment with a projected -4.05% first-year return on $86,250 initial cash invested.
-4.05%
Cash On Cash
5.63%
Cap Rate
0.9
DSCR
$3,210
Rent
-$291
Cashflow
Cash Flow
$3,210 income − $3,501 expenses = $291 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,250
Downpayment
20%
$65,000
Closing costs
1%
$3,250
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,210
Total Expenses
$3,501
Mortgage P&I
53%
$1,687
Property Taxes
5%
$160
Home Insurance
4%
$114
HOA
0%
$0
Property Management
15%
$482
CapEx
4%
$128
Vacancy
0%
$0
Maintenance
4%
$128
Other
25%
$802